Description
HDFC Securities Limited has listed new commercial paper worth Rs. 500 crores on BSE debt segment with CARE A1+ and ICRA A1+ ratings.
Summary
HDFC Securities Limited has listed new commercial paper worth Rs. 500 crores (10,000 units of Rs. 5 lakh each) on BSE debt segment. The commercial paper is issued on private placement basis with CARE A1+ and ICRA A1+ credit ratings, maturing on November 19, 2025.
Key Points
- Commercial paper of Rs. 5,00,000 face value each (10,000 units)
- Total issue size: Rs. 500 crores
- Credit ratings: CARE A1+ and ICRA A1+
- Issue price: Rs. 4,92,232 per unit
- Scrip code: 730049, ISIN: INE700G14PL2
- Trading in dematerialized form only
- Standard denomination: Rs. 5 lakhs and multiples thereof
- Tick size: 1 paise
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading members must trade securities only in dematerialized form
- Trading in standard denomination of Rs. 5 lakhs and multiples
- HDFC Bank Ltd acts as Issuing and Paying agent
Important Dates
- Allotment date: August 20, 2025
- Trading commencement: August 20, 2025
- Redemption date: November 19, 2025
Impact Assessment
Minimal market impact as this is a routine commercial paper listing. Provides short-term funding instrument for institutional investors with high credit rating quality.
Impact Justification
Routine commercial paper listing with standard terms and no market-wide implications